Europe Faces the Chill as Biden Freezes New LNG Export Permits

European companies hoping to buy US liquefied natural gas from major planned projects may just get left out in the cold.

The Biden administration on Friday imposed a moratorium on approving new licenses to export LNG from the US while it scrutinizes impact on climate, the economy and national security. The freeze could stall projects beyond 2027 that had lined up European customers such as Germany’s EnBW Energie Baden-Wuerttemberg AG or Securing Energy for Europe GmbH.

“We are clearly entering an uncomfortable period for new US projects,” said Jean-Christian Heintz, independent LNG consultant. “First because of the Biden move, second ...